B. Metzler seel. Sohn & Co. Holding AG Invests $3.80 Million in Celsius Holdings, Inc. (NASDAQ:CELH)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 121,000 shares of the company's stock, valued at approximately $3,795,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.05% of Celsius at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Covestor Ltd grew its holdings in Celsius by 12.9% during the 1st quarter. Covestor Ltd now owns 1,110 shares of the company's stock worth $92,000 after acquiring an additional 127 shares during the last quarter. Moody National Bank Trust Division raised its position in Celsius by 1.1% in the 2nd quarter. Moody National Bank Trust Division now owns 17,122 shares of the company's stock worth $977,000 after purchasing an additional 181 shares during the last quarter. Tidal Investments LLC boosted its holdings in Celsius by 4.3% during the first quarter. Tidal Investments LLC now owns 6,025 shares of the company's stock worth $500,000 after buying an additional 249 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of Celsius by 4.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 7,256 shares of the company's stock valued at $414,000 after acquiring an additional 289 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Celsius by 12.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,567 shares of the company's stock valued at $147,000 after acquiring an additional 289 shares during the period. Institutional investors and hedge funds own 60.95% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on CELH. B. Riley lowered their target price on shares of Celsius from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Monday, November 4th. Stifel Nicolaus lowered their price objective on shares of Celsius from $51.00 to $45.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Bank of America reduced their target price on Celsius from $32.00 to $26.00 and set an "underperform" rating on the stock in a report on Thursday, September 5th. UBS Group lowered their price target on Celsius from $50.00 to $45.00 and set a "buy" rating for the company in a report on Thursday, November 7th. Finally, Piper Sandler dropped their target price on Celsius from $50.00 to $47.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $54.40.

Celsius Stock Performance

Shares of CELH stock opened at $27.71 on Thursday. The firm's 50-day moving average is $31.16 and its 200-day moving average is $48.63. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 38.49, a PEG ratio of 3.13 and a beta of 1.86. Celsius Holdings, Inc. has a 52-week low of $25.23 and a 52-week high of $99.62.

Insider Transactions at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the completion of the transaction, the chief executive officer now directly owns 1,812,490 shares of the company's stock, valued at $59,449,672. The trade was a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.